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    2340 E Lincoln Hwy, Unit New Lenox New Lenox, IL 60451

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    For Lease
    $26 SF/Yr

    Retail space available for sublease in active strip center.

    Property Features for 2340 E Lincoln Hwy

    General Information

    Standard status
    Active

    Building Details

    Year built
    2020

    Source: CROSSTOWN REALTORS INC Agent LAUREN GRIGUS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Sublease Opportunity

    This 1,828 square foot retail space is available for sublease. The sublease expires on September 30, 2025, with a potential opportunity to negotiate a long-term lease with the landlord. Currently operating as a clothing boutique, the space is situated in the middle unit of an active strip center located in the outlot of a Target store on Route 30. Monument signage on Route 30 may be possible.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Lenox
    County
    Will
    State
    Illinois
    Longitude
    -87.9216106
    Latitude
    41.5081348

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    FAQs

    What type of property is this?
    Retail space - Retail space available for sublease in active strip center.
    Where is this retail space located?
    The property is located at 2340 E Lincoln Hwy, Unit New Lenox New Lenox, IL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - 1,828 SF retail space available in active strip center.; - Located in outlot of Target on Route 30.; - Monument signage on Route 30 possible.
    (815) 249-1018
    Request Owner's contact information
    2340 E Lincoln Hwy, Unit New Lenox New Lenox, IL 60451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2340 E Lincoln Hwy, Unit New Lenox New Lenox, IL 60451
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